Senior Revenue Accountant at Diamondback Energy

Oklahoma City, Oklahoma, United States

Diamondback Energy Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Oil and Gas, EnergyIndustries

Requirements

  • Bachelor’s degree (BBA or BS) in Accounting
  • At least five (5+) years of experience in oil & gas accounting
  • Demonstrated experience in MS Excel, including skills creating and configuring VLOOKUPs, Pivot Tables, and Sum IF formulas
  • Familiar with revenue accounting and general accounting principles
  • Ability to analyze contracts with working knowledge of ASC 606 standards
  • Preferred Qualifications
  • At least five (5+) years of relevant revenue accounting experience
  • Examples of suggested and implemented process improvements to increase efficiency
  • Be flexible regarding daily work assignments and priorities
  • Excellent organizational and time management skills
  • Strong attention to detail with ability to quickly pick up on new concepts
  • Experience working within the PRA module of SAP

Responsibilities

  • Analyze monthly revenue data, including production and pricing data, for accrual and re-accrual processes
  • Prepare journal entries for operated and non-operated properties
  • Reconcile revenue accruals with actuals and investigate variances as part of PPA analysis
  • Communicate with other departments within the company to resolve outstanding items and ensure accurate revenue reporting
  • Prepare monthly account reconciliations as needed
  • Assist in the preparation of financial statements and disclosures related to revenue accruals
  • Assist other members of the Revenue Group, as needed
  • Meet all revenue distribution deadlines
  • Perform various ad hoc projects, as assigned

Skills

Oil and Gas Accounting
Revenue Accruals
Journal Entries
PPA Analysis
Account Reconciliations
Financial Reporting
MS Excel
VLOOKUP
Pivot Tables
SUMIF
ASC 606
Revenue Recognition

Diamondback Energy

About Diamondback Energy

N/AHeadquarters
N/AYear Founded
N/ACompany Stage

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